Fortune Magazine Ranks Open Text 15th Among World's Fastest-Growing Companies

Ranks 6th in the World Among Tech Companies; Fortune's List of 100 Fastest-Growing Companies Based on Revenue Growth, Profitability

Waterloo, ON - 2009-08-27 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), has earned a spot on Fortune's 2009 List of the 100 Fastest-Growing Companies, ranking 15th overall and 6th on the list's breakdown of fastest-growing tech companies.

Companies on the list, described by Fortune as "the world s supercharged performers," are ranked based on an analysis of profit and revenue growth rate and total return over a three-year period. To qualify, each company must be traded on a major U.S. stock exchange, have a minimum market capitalization of $250 million and have revenue of at least $50 million. Open Text realized a three-year profit increase of 132 percent and revenue growth of 27 percent for the same time period.

Open Text is the world's largest independent provider of ECM software. The world's largest corporations and government agencies depend on Open Text's solutions to manage a wide range of information -- documents, vital records, Web content, digital media and email as well as related business processes and employee collaboration.

"We're proud to be included in Fortune's ranking," said John Shackleton, President and Chief Executive Officer of Open Text. "ECM has continued to grow as a strategic requirement in global organizations. We have worked over the last few years to build our global leadership in ECM and offer the latest solutions that help customers use the power of their content to improve their business."

To view the entire list, visit http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2009/index.html.

About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com.

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995 This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Open Text ECM Suite and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.

Copyright © 2009 by Open Text Corporation. OPEN TEXT and the OPEN TEXT ECM SUITE are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.

For more information, please contact

Richard Maganini
Open Text Corporation
+1-847-961-0662
rmaganin@opentext.com

Stephanie Fazio
Open Text Corporation
+1-519-888-7111, x2429
sfazio@opentext.com

Greg Secord
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com